British retailer warns Reeves's budget will deliver a 50m 'punch in the face'Frasers Group warns that Rachel Reeves's budget will add £50 million to costs, damaging consumer confidence and sales.
'Weaker' shopper confidence amid the Budget forces Frasers to cut profit outlook - London Business News | Londonlovesbusiness.comWeaker consumer confidence has led Frasers to lower its profit forecast for the year.Frasers reported a 10.5% decline in underlying profits due to reduced sales.
British retailer warns Reeves's budget will deliver a 50m 'punch in the face'Frasers Group warns that Rachel Reeves's budget will add £50 million to costs, damaging consumer confidence and sales.
'Weaker' shopper confidence amid the Budget forces Frasers to cut profit outlook - London Business News | Londonlovesbusiness.comWeaker consumer confidence has led Frasers to lower its profit forecast for the year.Frasers reported a 10.5% decline in underlying profits due to reduced sales.
Mike Ashley appoints youngest daughter as director to expanding family empireMike Ashley's daughter Matilda has been appointed director at Mash Holdings, further intertwining family and business.The appointment raises concerns about corporate governance and nepotism in Ashley's ventures.
Boohoo rejects criticism from Frasers Group as inaccurate and unfair'Boohoo defends its financial strategy against Frasers Group's criticisms and calls for leadership changes.
Mike Ashley appoints youngest daughter as director to expanding family empireMike Ashley's daughter Matilda has been appointed director at Mash Holdings, further intertwining family and business.The appointment raises concerns about corporate governance and nepotism in Ashley's ventures.
Boohoo rejects criticism from Frasers Group as inaccurate and unfair'Boohoo defends its financial strategy against Frasers Group's criticisms and calls for leadership changes.
Mulberry rejects fresh bid from Mike Ashley's Frasers Group as untenable'Mulberry has rejected Frasers Group's bid, focusing on improving its business performance instead.
Mulberry's owner rejects increased 111m bid from Mike Ashley's Frasers GroupChallice rejects Frasers Group's takeover bid for Mulberry, believing in a turnaround strategy for the brand.
Mulberry rejects revised Frasers takeover bid as "unwanted distraction"Challice, Mulberry's largest shareholder, rejected Frasers Group's takeover bid, calling it a distraction during crucial restructuring.
Mulberry rejects 83m takeover bid from Mike Ashley's Frasers GroupMulberry rejects Frasers Group's takeover bid, pursuing its own fundraising efforts to support a turnaround.
Frasers group launches 83m takeover bid for mulberry amid financial strugglesFrasers Group aims to rescue Mulberry with an £83 million bid to return it to profitability amid financial struggles.
Mulberry rejects fresh bid from Mike Ashley's Frasers Group as untenable'Mulberry has rejected Frasers Group's bid, focusing on improving its business performance instead.
Mulberry's owner rejects increased 111m bid from Mike Ashley's Frasers GroupChallice rejects Frasers Group's takeover bid for Mulberry, believing in a turnaround strategy for the brand.
Mulberry rejects revised Frasers takeover bid as "unwanted distraction"Challice, Mulberry's largest shareholder, rejected Frasers Group's takeover bid, calling it a distraction during crucial restructuring.
Mulberry rejects 83m takeover bid from Mike Ashley's Frasers GroupMulberry rejects Frasers Group's takeover bid, pursuing its own fundraising efforts to support a turnaround.
Frasers group launches 83m takeover bid for mulberry amid financial strugglesFrasers Group aims to rescue Mulberry with an £83 million bid to return it to profitability amid financial struggles.
Ted Baker to close all UK stores as potential Mike Ashley deal faltersTed Baker is closing all UK stores due to financial issues, risking 500 jobs amidst stalled rescue deal negotiations.